CORPORATE GOVERNANCE REPORT
112
ANNUAL REPORT 2015
FRASERS HOSPITALITY TRUST
Guideline 11.3
(a) In relation to the major risks faced by the Company,
including financial, operational, compliance,
information technology and sustainability, please
state the bases for the Board’s view on the adequacy
and effectiveness of the Company’s internal controls
and risk management systems.
(b) In respect of the past 12 months, has the Board
received assurance from the CEO and the CFO
as well as the internal auditor that: (i) the financial
records have been properly maintained and the
financial statements give true and fair view of the
Company’s operations and finances; and (ii) the
Company’s risk management and internal control
systems are effective? If not, how does the Board
assure itself of points (i) and (ii) above?
Please refer to pages 103-104 in this
Annual Report.
Please refer to pages 103-104 in this
Annual Report.
Guideline 12.6
(a) Please provide a breakdown of the fees paid in total
to the external auditors for audit and non-audit
services for the financial year.
(b) If the external auditors have supplied a substantial
volume of non-audit services to the Company,
please state the bases for the Audit Committee’s
view on the independence of the external auditors.
Please refer to Note 5 of the Notes to
the Financial Statements in this Annual
Report.
Please refer to page 105
in this Annual Report.
Guideline 15.4
(a) Does the Company regularly communicate with
shareholders and attend to their questions? How
often does the Company meet with institutional and
retail investors?
(b) Is this done by a dedicated investor relations team
(or equivalent)? If not, who performs this role?
(c) How does the Company keep shareholders
informed of corporate developments, apart from
SGXNET announcements and the annual report?
Please refer to pages 106-107 in this
Annual Report.
Please refer to page 107 in this Annual
Report.
Please refer to pages 106-107 in this
Annual Report.
Guideline 15.5
If the Company is not paying any dividends for the
financial year, please explain why.
Not applicable.
